{"id":17266,"date":"2022-08-11T11:35:38","date_gmt":"2022-08-11T09:35:38","guid":{"rendered":"https:\/\/www.voxeljet.de\/?p=17266"},"modified":"2022-08-19T11:45:52","modified_gmt":"2022-08-19T09:45:52","slug":"voxeljet-ag-enters-into-sale-leaseback-transaction-for-german-facility","status":"publish","type":"post","link":"https:\/\/www.voxeljet.com\/press-releases\/voxeljet-ag-enters-into-sale-leaseback-transaction-for-german-facility\/","title":{"rendered":"voxeljet AG Enters into Sale-Leaseback Transaction for German Facility"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column width=&#8221;1\/1&#8243;]<ol class=\"breadcrumb header-subtitle\"><li><a href=\"https:\/\/www.voxeljet.com\/\">Home<\/a><\/li><\/ol>[\/vc_column][\/vc_row][vc_row row_height_percent=&#8221;0&#8243; override_padding=&#8221;yes&#8221; h_padding=&#8221;2&#8243; top_padding=&#8221;0&#8243; bottom_padding=&#8221;2&#8243; overlay_alpha=&#8221;50&#8243; gutter_size=&#8221;3&#8243; column_width_percent=&#8221;100&#8243; shift_y=&#8221;0&#8243; z_index=&#8221;0&#8243; bottom_divider=&#8221;step_3_4&#8243;][vc_column column_width_percent=&#8221;100&#8243; gutter_size=&#8221;3&#8243; overlay_alpha=&#8221;50&#8243; shift_x=&#8221;0&#8243; shift_y=&#8221;0&#8243; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_width=&#8221;0&#8243; mobile_width=&#8221;0&#8243; sticky=&#8221;yes&#8221; width=&#8221;1\/1&#8243;][vc_custom_heading heading_semantic=&#8221;h1&#8243; text_size=&#8221;h1&#8243; uncode_shortcode_id=&#8221;179395&#8243;]voxeljet AG Enters into Sale-Leaseback Transaction for German Facility[\/vc_custom_heading][vc_column_text text_lead=&#8221;yes&#8221; uncode_shortcode_id=&#8221;114970&#8243;]FRIEDBERG, Germany&#8211;(BUSINESS WIRE)&#8211; voxeljet AG (NASDAQ: VJET) (the \u201cCompany\u201d, \u201cvoxeljet\u201d, or \u201cwe\u201d), a provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers, today announced it has entered into a sale-leaseback arrangement expected to generate approximately \u20ac26.5 million in gross proceeds. The Company plans to use the proceeds from this transaction to repay its financial liabilities. The transaction is expected to close towards the end of the third quarter 2022.[\/vc_column_text][vc_column_text uncode_shortcode_id=&#8221;145758&#8243;]The sale-leaseback transaction involving the Company\u2019s 135,380 square foot facility in Friedberg, Germany, was entered into with an institutional, unaffiliated real estate investor, and is subject to regulatory approvals in the Federal Republic of Germany. The leaseback of the facility provides for a fifteen-year lease commitment with two consecutive five-year extension option periods.[\/vc_column_text][vc_custom_heading text_color=&#8221;color-176892&#8243; heading_semantic=&#8221;p&#8221; text_size=&#8221;h4&#8243; text_weight=&#8221;400&#8243; el_class=&#8221;quotes content-quotes&#8221; uncode_shortcode_id=&#8221;569587&#8243; text_color_type=&#8221;uncode-palette&#8221;]As we continue on our path towards profitability, this sale-leaseback transaction aligns with our objective to source non-dilutive financing. We plan to use the proceeds to repay our outstanding financial liabilities and focus on our main business, which is developing, manufacturing and selling high-tech, industrial 3D printers.[\/vc_custom_heading][vc_row_inner row_inner_height_percent=&#8221;0&#8243; overlay_alpha=&#8221;50&#8243; gutter_size=&#8221;3&#8243; shift_y=&#8221;0&#8243; z_index=&#8221;0&#8243; css=&#8221;.vc_custom_1588176428123{margin-top: 0px !important;}&#8221;][vc_column_inner column_width_percent=&#8221;100&#8243; gutter_size=&#8221;3&#8243; overlay_alpha=&#8221;50&#8243; shift_x=&#8221;0&#8243; shift_y=&#8221;0&#8243; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_width=&#8221;0&#8243; mobile_width=&#8221;0&#8243; width=&#8221;1\/1&#8243; css=&#8221;.vc_custom_1588175941462{padding-left: 40px !important;}&#8221;][vc_custom_heading heading_semantic=&#8221;p&#8221; text_size=&#8221;h6&#8243; uncode_shortcode_id=&#8221;214336&#8243;]Rudolf Franz, COO &amp; CFO<br \/>\nvoxeljet AG[\/vc_custom_heading][\/vc_column_inner][\/vc_row_inner][vc_column_text uncode_shortcode_id=&#8221;170197&#8243;]The Friedberg facility serves as voxeljet\u2019s headquarters as well as its center of excellence for research, development and production of the Company\u2019s 3D printing systems.[\/vc_column_text][vc_custom_heading text_color=&#8221;color-137819&#8243; text_size=&#8221;h3&#8243; text_weight=&#8221;500&#8243; uncode_shortcode_id=&#8221;655044&#8243; text_color_type=&#8221;uncode-palette&#8221;]Cautionary Statement on Forward-Looking Statements[\/vc_custom_heading][vc_column_text uncode_shortcode_id=&#8221;120878&#8243;]This press release contains forward-looking statements concerning our business, operations and financial performance. Any statements that are not of historical facts may be deemed to be forward-looking statements. You can identify these forward-looking statements by words such as \u2018\u2018believes,\u2019\u2019 \u2018\u2018estimates,\u2019\u2019 \u2018\u2018anticipates,\u2019\u2019 \u2018\u2018expects,\u2019\u2019 \u2018\u2018projects,\u2019\u2019 \u2018\u2018plans,\u2019\u2019 \u2018\u2018intends,\u2019\u2019 \u2018\u2018may,\u2019\u2019 \u2018\u2018could,\u2019\u2019 \u2018\u2018might,\u2019\u2019 \u2018\u2018will,\u2019\u2019 \u2018\u2018should,\u2019\u2019 \u2018\u2018aims,\u2019\u2019 or other similar expressions that convey uncertainty of future events or outcomes. Forward-looking statements include statements regarding our intentions, beliefs, assumptions, projections, outlook, analyses or current expectations concerning, among other things, the projected timing and successful completion of the sale-leaseback transaction, our results of operations, financial condition and business outlook, the industry in which we operate and the trends that may affect the industry or us. Although we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that forward-looking statements are not guarantees of future performance. All of our forward-looking statements are subject to known and unknown risks, uncertainties and other factors that are in some cases beyond our control and that may cause our actual results to differ materially from our expectations, including those risks identified under the caption \u201cRisk Factors\u201d in the Company\u2019s Annual Report on Form 20-F and in other reports the Company files with the U.S. Securities and Exchange Commission. Except as required by law, the Company undertakes no obligation to publicly update any forward-looking statements for any reason after the date of this press release whether as a result of new information, future events or otherwise.[\/vc_column_text][\/vc_column][\/vc_row][vc_row unlock_row_content=&#8221;yes&#8221; row_height_percent=&#8221;0&#8243; override_padding=&#8221;yes&#8221; h_padding=&#8221;0&#8243; top_padding=&#8221;2&#8243; bottom_padding=&#8221;2&#8243; overlay_alpha=&#8221;50&#8243; equal_height=&#8221;yes&#8221; gutter_size=&#8221;0&#8243; column_width_percent=&#8221;100&#8243; shift_y=&#8221;0&#8243; z_index=&#8221;0&#8243;][vc_column column_width_percent=&#8221;100&#8243; gutter_size=&#8221;3&#8243; back_image=&#8221;13766&#8243; overlay_alpha=&#8221;50&#8243; shift_x=&#8221;0&#8243; shift_y=&#8221;0&#8243; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_width=&#8221;0&#8243; mobile_width=&#8221;0&#8243; width=&#8221;1\/2&#8243; mobile_height=&#8221;340&#8243; el_class=&#8221;top-right-triangle top-right-triangle-grey&#8221; uncode_shortcode_id=&#8221;155765&#8243;][\/vc_column][vc_column column_width_use_pixel=&#8221;yes&#8221; position_horizontal=&#8221;left&#8221; position_vertical=&#8221;middle&#8221; gutter_size=&#8221;3&#8243; override_padding=&#8221;yes&#8221; column_padding=&#8221;4&#8243; back_color=&#8221;color-653726&#8243; overlay_alpha=&#8221;50&#8243; shift_x=&#8221;0&#8243; shift_y=&#8221;0&#8243; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_width=&#8221;0&#8243; mobile_width=&#8221;0&#8243; width=&#8221;1\/2&#8243; column_width_pixel=&#8221;458&#8243; css=&#8221;.vc_custom_1587375097216{padding-top: 91px !important;padding-bottom: 75px !important;}&#8221;][vc_custom_heading text_size=&#8221;h1&#8243; separator=&#8221;yes&#8221; separator_color=&#8221;yes&#8221; uncode_shortcode_id=&#8221;116114&#8243;]Contact[\/vc_custom_heading][vc_column_text text_lead=&#8221;yes&#8221; uncode_shortcode_id=&#8221;111414&#8243;]Would you like to learn more? Then ask us. We will be pleased to help you.[\/vc_column_text][vc_button button_color=&#8221;accent&#8221; radius=&#8221;btn-round&#8221; border_width=&#8221;0&#8243; link=&#8221;url:https%3A%2F%2Fwww.voxeljet.com%2Fcontact%2F&#8221; button_color_type=&#8221;uncode-palette&#8221; uncode_shortcode_id=&#8221;564263&#8243;]Contact us[\/vc_button][\/vc_column][\/vc_row][vc_row row_height_percent=&#8221;0&#8243; override_padding=&#8221;yes&#8221; h_padding=&#8221;2&#8243; top_padding=&#8221;4&#8243; bottom_padding=&#8221;0&#8243; overlay_alpha=&#8221;50&#8243; gutter_size=&#8221;3&#8243; column_width_percent=&#8221;100&#8243; shift_y=&#8221;0&#8243; z_index=&#8221;0&#8243; enable_bottom_divider=&#8221;default&#8221; bottom_divider=&#8221;gradient&#8221; shape_bottom_h_use_pixel=&#8221;&#8221; shape_bottom_height=&#8221;5&#8243; shape_bottom_color=&#8221;color-142724&#8243; shape_bottom_opacity=&#8221;60&#8243; shape_bottom_index=&#8221;0&#8243;][vc_column width=&#8221;1\/1&#8243;][vc_row_inner row_inner_height_percent=&#8221;0&#8243; overlay_alpha=&#8221;50&#8243; gutter_size=&#8221;2&#8243; shift_y=&#8221;0&#8243; z_index=&#8221;0&#8243; limit_content=&#8221;&#8221;][vc_column_inner column_width_percent=&#8221;100&#8243; gutter_size=&#8221;2&#8243; back_color=&#8221;color-241501&#8243; overlay_alpha=&#8221;50&#8243; shift_x=&#8221;0&#8243; shift_y=&#8221;0&#8243; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_width=&#8221;0&#8243; mobile_width=&#8221;0&#8243; width=&#8221;1\/2&#8243; css=&#8221;.vc_custom_1587023201272{padding-top: 30px !important;padding-right: 20px !important;padding-bottom: 30px !important;padding-left: 20px !important;}&#8221;][vc_custom_heading text_color=&#8221;color-176892&#8243; heading_semantic=&#8221;h3&#8243; text_size=&#8221;h3&#8243; text_weight=&#8221;400&#8243; uncode_shortcode_id=&#8221;410064&#8243; text_color_type=&#8221;uncode-palette&#8221;]US based Foundry invests in second VX4000[\/vc_custom_heading][vc_column_text uncode_shortcode_id=&#8221;954004&#8243;]voxeljet AG a global technology leader in industrial 3D printing solutions, has sold another VX4000 system, one of the largest 3D printers, to Tooling &amp;amp; Equipment International (TEI).[\/vc_column_text][vc_button button_color=&#8221;color-185255&#8243; size=&#8221;btn-link&#8221; hover_fx=&#8221;outlined&#8221; custom_typo=&#8221;yes&#8221; font_family=&#8221;font-555555&#8243; font_weight=&#8221;900&#8243; text_transform=&#8221;uppercase&#8221; letter_spacing=&#8221;fontspace-129229&#8243; border_width=&#8221;0&#8243; icon=&#8221;fa fa-caret-right&#8221; link=&#8221;url:https%3A%2F%2Fwww.voxeljet.com%2Fpress-releases%2Ftei-expands-additive-manufacturing-capacity%2F|title:Industrial%203D-Printer&#8221; button_color_type=&#8221;uncode-palette&#8221; uncode_shortcode_id=&#8221;209869&#8243;]Learn more[\/vc_button][\/vc_column_inner][vc_column_inner column_width_percent=&#8221;100&#8243; gutter_size=&#8221;2&#8243; back_color=&#8221;color-241501&#8243; overlay_alpha=&#8221;50&#8243; shift_x=&#8221;0&#8243; shift_y=&#8221;0&#8243; shift_y_down=&#8221;0&#8243; z_index=&#8221;0&#8243; medium_width=&#8221;0&#8243; mobile_width=&#8221;0&#8243; width=&#8221;1\/2&#8243; css=&#8221;.vc_custom_1588944978251{padding-top: 30px !important;padding-right: 20px !important;padding-bottom: 30px !important;padding-left: 20px !important;}&#8221; el_class=&#8221;footer-teaser-column-right&#8221;][vc_custom_heading text_color=&#8221;color-176892&#8243; heading_semantic=&#8221;h3&#8243; text_size=&#8221;h3&#8243; text_weight=&#8221;400&#8243; uncode_shortcode_id=&#8221;198731&#8243; text_color_type=&#8221;uncode-palette&#8221;]Worlds largest 3D printer for offshore wind turbines[\/vc_custom_heading][vc_column_text uncode_shortcode_id=&#8221;119247&#8243;]GE Renewable Energy, Fraunhofer IGCV and voxeljet collaborate to develop the world&#8217;s largest sand 3D printer for wind turbine castings.[\/vc_column_text][vc_button button_color=&#8221;color-185255&#8243; size=&#8221;btn-link&#8221; custom_typo=&#8221;yes&#8221; font_family=&#8221;font-555555&#8243; font_weight=&#8221;900&#8243; text_transform=&#8221;uppercase&#8221; letter_spacing=&#8221;fontspace-129229&#8243; border_width=&#8221;0&#8243; icon=&#8221;fa fa-caret-right&#8221; link=&#8221;url:https%3A%2F%2Fwww.voxeljet.com%2Fpress-releases%2Fdevelop-worlds-largest-sand-binder-jetting-3d-printer%2F|title:3D-Druck%20On%20Demand&#8221; button_color_type=&#8221;uncode-palette&#8221; uncode_shortcode_id=&#8221;123178&#8243;]Learn more[\/vc_button][\/vc_column_inner][\/vc_row_inner]<div id=\"scroll-to-top-container\" class=\"scroll-to-top-container\">\n                    <div id=\"scroll-to-top\" class=\"scroll-to-top-button\">\n                        <span class=\"scroll-to-top-line\"><\/span>\n                        <span class=\"scroll-to-top-text\">Scroll up<\/span>\n                    <\/div>\n                 <\/div>[\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Sale-Leaseback Transaction of its German facility is expected to generate approximately \u20ac26.5 million in gross proceeds.<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[98],"tags":[],"class_list":["post-17266","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.voxeljet.com\/wp-json\/wp\/v2\/posts\/17266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.voxeljet.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.voxeljet.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.voxeljet.com\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.voxeljet.com\/wp-json\/wp\/v2\/comments?post=17266"}],"version-history":[{"count":4,"href":"https:\/\/www.voxeljet.com\/wp-json\/wp\/v2\/posts\/17266\/revisions"}],"predecessor-version":[{"id":17270,"href":"https:\/\/www.voxeljet.com\/wp-json\/wp\/v2\/posts\/17266\/revisions\/17270"}],"wp:attachment":[{"href":"https:\/\/www.voxeljet.com\/wp-json\/wp\/v2\/media?parent=17266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.voxeljet.com\/wp-json\/wp\/v2\/categories?post=17266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.voxeljet.com\/wp-json\/wp\/v2\/tags?post=17266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}